Ardmore Shipping

ASC

Market cap $671M

The U.S-Iran conflict could cause rates to rise, but shares of Frontline, DHT Holdings, and others have already rallied.

Ardmore Shipping Corporation (ASC) Analyst/Investor Day Transcript

HAMILTON, Bermuda, Feb. 12, 2026 /PRNewswire/ -- Ardmore Shipping Corporation (NYSE: ASC) ("Ardmore", the "Company" or "we") today announced results for the three and twelve months ended December 31, 2025. Highlights and Recent Activity Reported Adjusted earnings of $11.6 million and net income attributable to common stockholders of $9.3 million for the three months ended December 31, 2025, or $0.28 Adjusted earnings per basic and diluted share, compared to Adjusted earnings of $10.3 million and net income attributable to common stockholders of $5.1 million, or $0.25 Adjusted earnings per basic and diluted share for the three months ended December 31, 2024.

The Company will present an overview of its strategy and capital allocation framework, along with an in-depth update on key developments and the outlook for the product and chemical tanker market. The February 12, 2026 event will also include the Company's presentation of 4Q 2025 financial results.

I rate Ardmore Shipping Corporation a buy, citing a modern fleet, strong balance sheet, and discounted P/B valuation versus peers. ASC's focus on MR product and chemical tankers positions it to benefit from market inefficiencies and global trade disruptions. With a breakeven rate of $11,700 and spot rates near $24,900, ASC offers a significant margin of safety and earnings resilience.

Ardmore Shipping Corporation ( ASC ) Q3 2025 Earnings Call November 5, 2025 10:00 AM EST Company Participants Gernot Ruppelt - CEO & Director Bart Kelleher - President & Director Conference Call Participants Jonathan Chappell - Evercore ISI Institutional Equities, Research Division Omar Nokta - Jefferies LLC, Research Division Presentation Operator Good morning, ladies and gentlemen, and welcome to Ardmore Shipping's Third Quarter 2025 Earnings Conference Call. Today's call is being recorded, and an audio webcast and presentation are available in the Investor Relations section of the company's website, ardmoreshipping.com.

HAMILTON, Bermuda , Nov. 5, 2025 /PRNewswire/ -- Ardmore Shipping Corporation (NYSE: ASC) ("Ardmore", the "Company" or "we") today announced results for the three and nine months ended September 30, 2025. Highlights and Recent Activity Reported Adjusted earnings of $12.6 million and net income attributable to common stockholders of $12.1 million for the three months ended September 30, 2025, or $0.31 Adjusted earnings per basic and diluted share, compared to Adjusted earnings and net income attributable to common stockholders of $23.3 million, or $0.55 Adjusted earnings per basic and diluted share for the three months ended September 30, 2024.

HAMILTON, Bermuda , Oct. 22, 2025 /PRNewswire/ -- Ardmore Shipping Corporation (NYSE: ASC) ("Ardmore" or the "Company") today announced that the Company plans to announce its third quarter earnings before the market opens Wednesday, November 5, 2025 and will host a conference call later in the day at 10:00 a.m. Eastern Time.

Ardmore Shipping Corporation maintains a strong balance sheet, low leverage, and recently acquired three MR tankers. Despite a conservative dividend policy, ASC's valuation at 0.66x NAV offers over 30% upside if the stock re-rates closer to historical norms. Risks include management's capital allocation decisions and potential rate declines, but current market conditions support a bullish thesis for ASC stock.

Ardmore Shipping (ASC) concluded the recent trading session at $11.7, signifying a -3.15% move from its prior day's close.